The average auto loan interest rate for new cars in the fourth quarter of 2024 was 6.35 percent, while the average used car loan interest rate was 11.62 percent. Your credit score plays a ...

Interest rates for credit cards to mortgages jumped since the Fed began fighting inflation in 2022. Here's where experts ...

The House's first draft of tax legislation includes a provision sought by President Donald Trump to allow tax deductions for interest on car loans. The 389-page tax bill, which is a starting point for ...

If you buy a car that was made in this country, President Donald Trump wants you to be able to deduct the interest. The White ...

As President Donald Trump’s auto tariffs go into effect, about 20% of car loans are now for seven-year terms, according to ...

High interest rates have offset any concrete wins from stabilizing vehicle prices. Inflation and its impacts are likely not going away anytime soon. That means high car loan interest rates will ...

If you are looking to lower your monthly instalments or get better interest rates for your car loan, a car loan balance ...

while the average auto loan rate for used cars is 10.9%, according to Edmunds. At the end of 2024, those rates were 6.6% and 10.8%, respectively. With interest rates near historic highs and car ...

Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans. By Tara Siegel Bernard and Ron Lieber The Federal Reserve is ...

The Fed doesn’t directly impact what you pay for federal student loans, yet it might affect variable-rate and private loans.